Garment Project ApS — Credit Rating and Financial Key Figures

CVR number: 35850287
Pilestræde 40 C, 1112 København K

Company information

Official name
Garment Project ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About Garment Project ApS

Garment Project ApS (CVR number: 35850287) is a company from KØBENHAVN. The company recorded a gross profit of 2104.6 kDKK in 2024. The operating profit was 347.6 kDKK, while net earnings were 65 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Garment Project ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 614.785 763.983 315.282 181.642 104.55
EBIT1 246.332 634.60-1 011.94- 549.74347.55
Net earnings822.101 904.95- 977.44-1 010.3665.05
Shareholders equity total2 790.554 695.493 718.062 707.703 272.74
Balance sheet total (assets)10 024.0312 428.8310 664.198 420.7510 034.19
Net debt318.80866.632 363.352 098.852 406.27
Profitability
EBIT-%
ROA12.3 %23.7 %-8.5 %-5.4 %4.1 %
ROE31.3 %50.9 %-23.2 %-31.4 %2.2 %
ROI35.2 %55.5 %-16.0 %-9.1 %7.1 %
Economic value added (EVA)778.091 856.51-1 111.11- 749.666.72
Solvency
Equity ratio28.8 %38.3 %35.2 %32.4 %32.8 %
Gearing29.7 %26.9 %69.8 %79.8 %73.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.70.50.70.8
Current ratio1.41.51.41.41.4
Cash and cash equivalents510.31397.99232.9861.4111.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.09%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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